CONTACT US

ANDY STEFANICHFirst Vice President+414.274.1645 andrew.stefanich@cbre.com

WAYNE RAPPOLDAssociate+1 414 274 1647 wayne.rappold@cbre.com

www.cbre.com/milwaukee

FOR SALE

MULTI-FAMILY DEVELOPMENT OPPORTUNITY 211 MAPLE AVENUEWaukesha, WI 53186

PROPERTY DETAILSFantastic development opportunity in revitalized downtown Waukesha, right next to Carroll University! The subject property has been specifically identified as a prime redevelopment candidate by the City. According to City Officials, there is renewed support for multi-family projects in the downtown area, including student and senior housing developments. This opportunity is in the well-funded TIF District #17. Close proximity to Carroll University, WCTC, ample area shopping and amenities and Downtown Waukesha. This area has experienced a resurgence in its night-life with Friday Night Live www.waukeshafridaynightlive.com, and also a vibrant arts’ scene.

+ Land Size: 1.7 acres

+ Utilities: Sewer and Water to the site

+ Topography: Fairly flat

+ Zoning: M-2. To be rezoned to B-3 / PUD

+ Access: Maple Avenue, with emergency access off of Grand Ave.

+ Tax key: 2911309429

© 2016 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited.

www.cbre.com/milwaukee

ESTIMATED DEMOGRAPHICS

Year: 2016 1 Mile 3 Miles 5 Miles

Population 16,958 69,659 104,193

Avg. Household Income $55,027 $72,133 $84,078

FOR SALEMULTIFAMILY DEVELOPMENT

211MAPLE AVENUEWaukesha, WI 53186

PLAT MAP

© 2016 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited.

www.cbre.com/milwaukee

HIGH-FLIGHT AERIAL

SITE

FOR SALEMULTIFAMILY DEVELOPMENT

211MAPLE AVENUEWaukesha, WI 53186

STATE OF WISCONSIN BROKER DISCLOSURE

To Non-Residential Customers

Wisconsin Law requires all real estate licensees to give the following information about brokerage services to prospective customers.

Prior to negotiating on your behalf the Broker must provide you the following disclosure statement:BROKER DISCLOSURE TO CUSTOMERSYou are the customer of the broker. The broker is either an agent of another party in the transaction or a subagent of another broker who is the agent of another party in the trans-action. The broker, or a salesperson acting on the behalf of the broker, may provide brokerage services to you. Whenever the broker is providing brokerage services to you, the broker owes you, the customer the following duties:• The duty to prove brokerage services to you fairly and honestly.• The duty to exercise reasonable skill and care in providing brokerage services to you.• The duty to provide you with accurate information about market conditions within a reasonable time if you request it, unless disclosure of the information is prohibited by law.• The duty to disclose to you in writing certain material adverse facts about a property, unless disclosure of theinformationisprohibitedbylaw(see“Definition of Material Adverse Facts” below).• Thedutytoprotectyourconfidentiality.Unlessthe law requires it, the broker will not disclose your confidentialinformationofotherparties.• The duty to safeguard trust funds and other property the broker holds.• The duty, when negotiating, to present contract proposals in an objective and unbiased manner and disclose the advantages and disadvantages of the proposals.

Please review this information carefully. A broker or salesperson can answer your questions about brokerage services, but if you need legal advice, tax advice, or a professional home inspec-tion, contact an attorney, tax advisor, or home inspector.This disclosure is required by section 452.135 of the Wiscon-sin Statutes and is for information only. It is a plain language summary of a broker’s duties to a customer under section 452.133(I) of the Wisconsin Statutes.CONFIDENTIALITY NOTICE TO CUSTOMERSBrokerwillkeepconfidentialanyinformationgiventobrokerinconfidence,oranyinformationobtainedbybrokerthatheorshe knows a reasonable person would want to be kept con-fidentialbylaw,orauthorizethebrokertodiscloseparticularinformation. A broker shall continue to keep the information confidentialafterbrokerisnolongerprovidingbrokerageservices to you.

The following information is required to be disclosed by law.1. Materialadversefacts,asdefinedinsection 452.01(5g)oftheWisconsinstatutes(see“definition of material adverse facts” below).2. Any facts known by the broker that contradict any information included in a written inspection report on the property or real estate that is the subject of the transaction. To ensure that the broker is aware of what specificinformationbelow.Atalatertime,youmay also provide the broker with other information that you considertobeconfidential.CONFIDENTIAL INFORMATION:________________________________________________________________________________________________________NON-CONFIDENTIAL INFORMATION (The following information may be disclosed by Broker):________________________________________________________________________________________________________(Insertinformationyouauthorizetobrokertodisclosesuchasfinancial

qualificationinformation)

CONSENT TO TELEPHONE SOLICITATIONI/WeagreethattheBrokerandanyaffiliatedsettlementserviceproviders (for example, a mortgage company or title company) may call our/my home or cell phone numbers regarding issues, goods and services related to the real estate transaction until I/we withdraw this consent in writing. List Home/Cell Numbers:____________________________________________________SEX OFFENDER REGISTRYNotice: You may obtain information about the sex offender registry and persons registered with the registry by contacting the Wisconsin Department of Corrections on the internet at http://offender.doc.state.wi.us/public/ or by phone at (608)240-5830.DEFINITION OF MATERIAL ADVERSE FACTSA“materialadversefact”isdefinedinWis.Stat.452.01(5g)asanadversefactthatapartyindicatesisofsuchsignificance,orthatisgenerallyrecognizedbyacompetentlicenseeasbeingofsuchsignificatetoareasonablepartythatitaffectsor would affect the party’s decision to enter into a contract or agreement concerning a transaction or affects or would affect the party’s decision about the terms of such a contract or agreement.An“adversefact”isdefinedinWis.Stat.452.01(Ie) as a condition or occurrence that a competenet licensee generallyrecognizeswillsignificantlyadverselyaffectthevalueoftheproperty,significantlyreducethestructuralintegrityofim-provementstorealestate,orpresentasignificanthealthrisktooccupants of the property, or information that indicates that a party to a transaction is not able to or does not intend to meet his or her obligations under a contract or agreement made concerning the transaction.

No representation is made as to the legal validity of any provision ortheadequacyofanyprovisiononanyspecifictransaction.

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